Nordea Bank AB (publ) issues 17 new turbo warrant series on 20 Oct 2011

19.10.11 11:00 | Pörssitiedotteet

Nordea Bank AB (publ) will issue 17 new turbo warrant series on 20 Oct 2011 under its warrant programme. The underlying assets of the turbo warrants are Nokian Renkaat Oyj (NRE1V), Outotec Oyj (OTE1V) and Sampo Oyj (SAMAS) shares and Dax and Dow Jones Euro Stoxx 50 indices. The warrants are call and put turbo warrants. The turbo warrants are redeemed by cash payment. Upon expiry of a turbo warrant, the possible net value is paid in cash to the holder of the warrant.

Warrant specific terms and conditions

All turbo warrants are issued under the warrant programme of Nordea Bank AB (publ) dated 6 October 2011.  The base prospectus for the warrant programme and the final terms for each turbo warrant series are available at the website of Nordea Bank Finland Plc: www.nordea.fi/warrantit. The following terms only summarize the final terms and the base prospectus.

IssuerNordea Bank AB (publ)
Instrument nameTurbo Warrant (call / put)
Underlying assetNokian Renkaat Oyj (NRE1V), Outotec Oyj (OTE1V) and Sampo Oyj (SAMAS) shares and Dax and Dow Jones Euro Stoxx 50 indices
Barrier Reference
Price
Most recent transaction prices during continuous trading quoted on a Reference Source commencing from the Listing Date up to and including the Closing Date. The Bank reserves the right to determine whether a level is reasonable and may thereby constitute a Barrier Reference Price.
Cash Settlement
amount
For Turbo Call Warrants:
(Closing Price – Strike Price) x Multiplier 
If the Closing Price is equal or lower than the Strike Price, no Cash Settlement Amount is paid out.

 

For Turbo Put Warrants: 
(Strike Price – Closing Price) x Multiplier
If the Closing Price is equal to or higher than the Strike Price, no Cash Settlement Amount is paid out. 

Closing PriceReference Price on Closing Price Determination Date (see more information in the Final Terms of the Turbo Warrants).
Closing Price
Determination Date
In case of Share:
Official Closing price on Final Trading Day.

 

In case of Index:
Final Settlement Price provided by EUREX

Expiration date /
Final trading day
The earlier of Expiration Date in Final Terms,  Table 2 or for:

 

Turbo Call Warrants: The trading day with respect to which a Barrier Reference Price is listed equal to or lower than the Barrier Level.

Turbo Put Warrants: The trading day with respect to which a Barrier Reference Price is listed equal to or higher than the Barrier Level.

Market placeNasdaq OMX Helsinki Ltd
Reference SourceEUREX
Reference price
determination
method
Closing Price on Closing Price Determination Date
Exercise procedureThe Bank carries out automatic cash settlement
Listing currencyEUR
Trading lot1 warrant
Total number of
warrants
500 000 – 1 000 000
Market makerNordea Bank Finland Plc operates as the Market Maker.

 

Nordea Bank Finland Plc undertakes to provide bid and ask quotation for the warrants during the time the warrants are subject to trading on a regulated market, multilateral trading facility or other marketplace. The undertaking is valid in the continuous trading of the regulated market, multilateral trading facility or other marketplace.

The difference between bid and ask quotation is at the most:

10 cent, if the ask quotation is less than EUR 2.00
20 cent, if the ask quotation is more than or equal to EUR 2.00

Quotations concern a minimum of one thousand warrants. No bid quotation is given for warrants the market value of which is less than one (1) cent. Market Maker is entitled to define the values of the parameters affecting the market making quotation. Market Maker is not liable to maintain its duties as Market Maker, if trading with the underlying securities has ceased.

Market Maker reserves the right to temporarily decline to quoting bid and ask prices during a period in which the Market Maker hedges its own position in an Underlying Assets and at such time as the Market Maker believes there are to be significant difficulties in quoting bid and ask prices due to technical reasons.

In conjunction with such limitation of the Market Maker’s obligation to quote bid and ask prices, the Market Maker shall notify parties on the market regarding the limitation through a notice via the exchange/marketplace in those cases where the limitation is expected to extend for more than one trading day.

Additional
information on the 
underlying asset
and underlying
company
Additional information on the company and the development of the value of the underlying company is available on the website of the OMX Nordic Exchange Helsinki: http://omxgroup.com/nordicexchange/ and on the website of the underlying companies www.nokianrenkaat.com,www.outotec.comwww.sampo.fiwww.stoxx.com andwww.deutsche-boerse.com. Additional information on the volatility of the underlying asset is available from the issuer, tel. +358 9 369 49134.

 

The investors should analyse information on the company issuing the share before making decisions on warrants.

The warrants to be issued:

Table 1

Warrant
Trading
code
Warrant
ISIN
code
Underlying
instrument
Underlying
instrument
ISIN code
Under-
lying
Curr-
ency
Additional
Information
on the
underlying
TDAX1L5200NDSFI4000030531DAXDE0008469008EURwww.deutsche-boerse.com
TDAX1L5300NDSFI4000030549DAXDE0008469008EURwww.deutsche-boerse.com 
TDAX1L5400NDSFI4000030556DAXDE0008469008EURwww.deutsche-boerse.com
TDAX1L5500NDSFI4000030564DAXDE0008469008EURwww.deutsche-boerse.com
TDAX1L5600NDSFI4000030572DAXDE0008469008EURwww.deutsche-boerse.com
TDAX1X6000NDSFI4000030580DAXDE0008469008EURwww.deutsche-boerse.com
TDAX1X6100NDSFI4000030598DAXDE0008469008EURwww.deutsche-boerse.com
TDAX1X6250NDSFI4000030606DAXDE0008469008EURwww.deutsche-boerse.com
TDAX1X6400NDSFI4000030614DAXDE0008469008EURwww.deutsche-boerse.com
TDAX1X6600NDSFI4000030622DAXDE0008469008EURwww.deutsche-boerse.com
TESX1L2100NDSFI4000030630Dow
Jones
Euro Stoxx
50
EU0009658145EURwww.stoxx.com
TESX1X2450NDSFI4000030648Dow
Jones
Euro Stoxx
50
EU0009658145EURwww.stoxx.com 
TESX1X2600NDSFI4000030655Dow
Jones
Euro Stoxx
50
EU0009658145EURwww.stoxx.com 
TNRE1L  18NDS1FI4000030663Nokian
Renkaat
Oyj
FI0009005318EURwww.nokianrenkaat.fi
TOTE1L  24NDSFI4000030671Outotec
Oyj
FI0009014575EURwww.outotec.com
TSAM1L  18NDSFI4000030689Sampo
Oyj
FI0009003305EURwww.sampo.fi
TSAM1X 235NDSFI4000030697Sampo
Oyj
FI0009003305EURwww.sampo.fi

Table 2

Warrant
Trading
code
Strike
price
Barrier
level
TypeMulti-
plier
Total
number of
warrants
Issue
date
Expiration
Date
Settlement
Date
TDAX1L5200NDS52005225C1/3001 000 00020.10
.2011
16.12
.2011
23.12
.2011
TDAX1L5300NDS53005325C1/3001 000 00020.10
.2011
16.12
.2011
23.12
.2011
TDAX1L5400NDS54005425C1/3001 000 00020.10
.2011
16.12
.2011
23.12
.2011
TDAX1L5500NDS55005525C1/3001 000 00020.10
.2011
16.12
.2011
23.12
.2011
TDAX1L5600NDS56005625C1/3001 000 00020.10
.2011
16.12
.2011
23.12
.2011
TDAX1X6000NDS60005975P1/3001 000 00020.10
.2011
16.12
.2011
23.12
.2011
TDAX1X6100NDS61006075P1/3001 000 00020.10
.2011
16.12
.2011
23.12
.2011
TDAX1X6250NDS62506225P1/3001 000 00020.10
.2011
16.12
.2011
23.12
.2011
TDAX1X6400NDS64006375P1/3001 000 00020.10
.2011
16.12
.2011
23.12
.2011
TDAX1X6600NDS66006575P1/3001 000 00020.10
.2011
16.12
.2011
23.12
.2011
TESX1L2100NDS21002100C1/150750 00020.10
.2011
16.12
.2011
23.12
.2011
TESX1X2450NDS24502450P1/150750 00020.10
.2011
16.12
.2011
23.12
.2011
TESX1X2600NDS26002600P1/150750 00020.10
.2011
16.12
.2011
23.12
.2011
TNRE1L  18NDS11820C1/5500 00020.10
.2011
16.12
.2011
23.12
.2011
TOTE1L  24NDS2426C1/5500 00020.10
.2011
16.12
.2011
23.12
.2011
TSAM1L  18NDS1818C1500 00020.10
.2011
16.12
.2011
23.12
.2011
TSAM1X 235NDS2423P1500 00020.10
.2011
16.12
.2011
23.12
.2011

Helsinki, 19 Oct 2011

NORDEA BANK AB (publ)

Juha Mikkilä

For further information, please contact Juha Mikkilä tel. +358-9-369 50112.